When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.

The SEC has confirmed plans are being made for the potential expansion of the Exhibition Centre, following another successful financial year.

A feasibility study is being conducted, as Scottish Event Campus Limited look to secure funding for the development.

Peter Duthie, chief executive of the SEC, said of the possible move: "A key focus will be to secure funding for our expansion project which will be of significant benefit to the Glasgow, Scottish and UK economies.

Video Loading

Video Unavailable

Click to playTap to play

The video will start in8Cancel

Play now

Read More

Related Articles

"The development plans fit with the objectives of Glasgow City Council, as major shareholder, to ensure additional economic benefit across the city in terms of spend on hotels, restaurants, retail, and the related employment creation.

"The development of the two hotels is expected to begin in the summer of 2018 with opening anticipated in 2019. This will increase the number of hotel bedrooms around the campus from 950 to almost 1,400 and will be an invaluable addition to support our growing Conference and Exhibition sectors as well as our Live Entertainment offering."

In the 2017/18 financial year, the company's turnover increased by 1 per cent to £29.1million, while operating profit increased by 19 per cent to £1.3million.

The SEC campus may be expanded (Image: Media Scotland)

Read More

Related Articles

Peter Duthie added: "This has been a really encouraging year with solid performances across all the sectors in which we operate.

"The SEC continues to be an economic driver for Glasgow and Scotland and the results are measured not only in financial terms but also by the economic impact of the campus which generated net additional expenditure of over £1m per day in the Glasgow area, a total of £400m for the year.

"The results include the impact from the disposal of the second of two hotel sites on the campus.

A purple and orange sky seen behind the armadillo (Image: Alasdair MacLeod)

Read More

Related Articles

“We continue to be recognised with a string of plaudits and major industry awards which reflect the increased standing which the SEC, including The SSE Hydro, has in the various sectors in which we operate."

Figures also show the SSE Hydro welcomed over 900,000 visitors in 2017, putting the venue at number four in terms of the Pollstar ranking of Global Arenas for the year.